Description

 Price: $ 2,150,000.00 MLS^®: X12968770         Location : 673-675 Somerset Street W, West Centre Town, ON K1R 6P3

LANDMARK mixed-use investment opportunity in the heart of Ottawa's vibrant Chinatown. Situated on a high-visibility corner at Somerset St W and Bronson Ave, this fully tenanted property features 6 units, including 2 ground-floor commercial spaces and 4 residential apartments above. The commercial component is anchored by established tenants Pizza Pizza and TeaLive, both on triple net leases, providing stable, hands-off income. Residential units offer strong upside potential with below-market rents, allowing investors to increase cash flow over time. Zoned TM[112]H(16), this property allows for a wide range of commercial and residential uses, making it ideal for both investors and future redevelopment. Located in a high-foot-traffic area surrounded by restaurants, retail, and transit, demand continues to grow as Chinatown undergoes revitalization. This is a rare opportunity to secure a stable, income-generating asset with long-term growth potential.

Location Description

Bronson Ave & Somserset

Property Details

• Community: 4204 - West Centre Town
• Property Type: Tenant/Commercial
• Garages: Public

Building Features

Features

• Heating: Other

Media